Date Added: Sep 2009
In a very short period of time, mobile technology has managed to move from a luxurious convenience to an indispensable tool. Despite saturation in mature markets, increasingly sophisticated devices have managed to drive growth as both consumers and enterprise markets show a voracious appetite for them. At the end of 2008, even with economic challenges squeezing spending, worldwide mobile phone shipments posted a record of 1.19 billion units worldwide. Although IDC predicts that 2009 will result in a slight dip in mobile phone shipments, the remarkable resiliency of the handset market points to the importance of mobility and wireless devices across the globe. The author believes the handset market will reach 1.3 billion units by 2012, the final year of the forecast period.